10 St. Loys Rd, Haringey, London, N17
- SIZE AVAILABLE
3,982 sq ft
370 sq m
- SECTOR
Garage to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Area - Haringey
- Size - 3,982 sqft
- Property Type - Lease Assignment with Premium
- Approx. 370 sqm / 3,982 sqft internal space
- Large car park and driveway for up to 12 vehicles
- Class 4 MOT garage with scope for Class 7
- 3 ramps, tyre bay, compressor
- Mezzanine with office/storage
- Ground floor office, WCs, kitchenette
- ew roof, concrete floor, excellent condition
Description
An opportunity to acquire a well-established MOT, body repair, tyre and mechanical servicing centre in a high-demand location in Tottenham N17 - an area undergoing rapid regeneration with strong commercial activity. Trading for over 25 years, the business offers immediate income, a strong local reputation, excellent reviews, and clear potential for future growth.
Garage
- Units 1 & 2
- Turnover approx. £350,000 per annum
- Approx. 315 sqm / 3,396 sqft plus yard 310 sqm / 3,335 sqft
- Secure yard/parking for 12 vehicles
- AA Approved Garage
- Class 4 MOT testing licence
- 3 ramps, tyre bay, and compressor
- Ground floor office, WCs, kitchenette, and mezzanine (office/storage)
- New roof and concrete flooring
- Premium of £250,000 – includes goodwill, equipment, fixtures, and fittings.
- The property is held on a single renewable head lease covering all three units (1, 2 & 3) with five years remaining at £50,000 per annum.
- Units 1 & 2 – Occupied by the garage business. (Business rates: £3,600 p.a)
- Unit 3 – A single storey, 370 sqm / 3,982 sqft unit currently sublet to an upholstery company. The tenancy has expired and continues on a holding - over basis at £25,000 per annum (Business rates: £2,400 p.a).
Interested parties should verify business rates and potential reliefs directly with the local authority.
Expansion Potential:
- The business operating well below capacity due to space not being fully utilised, reduced owner involvement and general underpromotion of the business.
- Option to occupy Unit 3 to expand operational capacity and introduce additional services.
- Premium £250,000 incl. goodwill, fixtures, fittings, and equipment. No VAT.
Energy Performance Certificates
EPC 1EPC 2EPC 3EPC 4Brochures
10 St. Loys Rd, Haringey, London, N17
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bruce Grove Station0.1 miles
- Tottenham Hale Station0.6 miles
- Seven Sisters Station0.6 miles
Notes
Disclaimer - Property reference LON000965. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Whozoo, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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